MORTGAGE MONDAY

The news was good for homebuyers last week as The Federal Reserve announced that it would not increase its benchmark rate at Wednesday’s meeting.  Along with the news that the Fed is unlikely to hike rates for the rest of 2019, the mortgage lending community is predicting rates will continue to drop in the coming weeks as the spring market heats up.  Cheap money means lower monthly payments, so now is a good time to get out of your rental or, if you already own, consider moving up. 

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Keith Kaplan

CalBRE #01933707
Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA 90069

keith.kaplan@sothebyshomes.com

310-646-7791

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